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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Jpmorgan Emerging Europe Middle East & Africa Securities Plc | JEMA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 126.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 126.50 |
| Industry Sector |
|---|
| ELECTRICITY |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 24/01/2024 | Final | GBP | 0.005 | 01/02/2024 | 02/02/2024 | 15/03/2024 |
| 15/03/2022 | Interim | GBP | 0.15 | 03/02/2022 | 04/02/2022 | 11/03/2022 |
| 25/01/2022 | Final | GBP | 0.1 | 03/02/2022 | 04/02/2022 | 11/03/2022 |
| 22/09/2021 | Interim | GBP | 0.25 | 30/09/2021 | 01/10/2021 | 05/11/2021 |
| 27/01/2021 | Final | GBP | 0.1 | 04/02/2021 | 05/02/2021 | 12/03/2021 |
| 22/09/2020 | Interim | GBP | 0.25 | 01/10/2020 | 02/10/2020 | 30/10/2020 |
| 20/01/2020 | Final | GBP | 0.1 | 06/02/2020 | 07/02/2020 | 13/03/2020 |
| 17/09/2019 | Interim | GBP | 0.25 | 26/09/2019 | 27/09/2019 | 25/10/2019 |
| Top Posts |
|---|
Posted at 23/4/2024 11:28 by loganair Tatneft Dividend:25.17 rub x 1,301,425 shares = 32,756,867 Rub into JEMA's "S" Account = circa £285k = circa 0.7p per share at an Exchange rate of 115 RUB to GBP. As of 23rd April 2024 at 115 RUB to GBP JEMA's "S" Account + dividends still to be paid = 61p per share. |
Posted at 11/3/2024 16:49 by loganair The 3 companies Detsky Mir, Magnit and Yandex NV = 6.3% of JEMA's Russian holdings.Detsky Mir - Management buy out at full MOEX price = monies went in to JEMA "S" account Magnit - Company bought out JEMA's shares at 50% discount = possibility of receiving these funds in Euro, GBP or Yuan outside of Russia. Yandex NV - Sold it's Russian assets at standard 50% discount = JEMA will in a few months be able to trade or sell their shares as shares listed on NASDAQ will be unfrozen or may sell under the Yandex NV repurchase. |
Posted at 28/10/2023 21:17 by loganair Yes I do think the conflict ending will be positive for JEMA as when this happens the West will soon forget about the Ukraine. I think one of the first sanctions to be lifted will be resumption of flights between Europe and Russia and borders between Europe and Russia becoming more open and also the return of Russian sovereign assets currently held in Europe which will lead to Russia unfreezing 'Unfriendly' assets in Russia.I would say most of my posts are JEMA related, including daily MOEX report, dividends announced by JEMA's Russian holdings and how much in roubles JEMA will receive, the various share buy backs from holders of 'Unfriendly' countries and how the Russian economy is doing in general, reports from the Central Bank of Russia etc. What is happening in Gaza is also important when it comes to JEMA as 2 of their 3 biggest investments outside of Russia are Saudi Arabia and the UAE followed by Qatar. |
Posted at 11/10/2023 20:02 by loganair The funds from Detsky Mir are going into JEMA 'S' Account as it was a management buy out at full MOEX price rather than Magnit which was at 50% of the MOEX value as will be Lukoil.When shares are bought at 50% of the MOEX value then those from 'Unfriendly' countries can apply to take out said funds from Russia in roubles, yuan, euro or GBP. Detsky Mir proceeds JEMA are using an exchange rate of 121.7 rub to the GBP. When the times finally comes and JEMA are able to repatriate the funds in their 'S' account the exchange rate may well be quite a lot different, hopefully for the share holders of JEMA more around the 90 RUB to the GBP. Often posters ask why their and my calculations in GBP in JEMA's 'S' account are different to JEMA's, quite simply we're using different exchange rates. At first I used 80 RUB to the GBP then latterly 100 RUB to the GBP while it looks like in their latest financial report JEMA used circa 110 RUB to the GBP. Therefore I would much prefer JEMA to report the funds in their 'S' account in roubles rather than GBP. |
Posted at 12/9/2023 14:12 by popit loganairAre JEMA planning to sell their holdings in Magnit and Lukoil? And are you sure that the funds from any Magnit and Lukoil sales will automatically get added on to the NAV for JEMA? The JEMA Telegram group say that any proceeds from Magnit and Lukoil will not be able to be repatriated by JEMA. They say that any proceeds from Magnit and Lukoil will have to be added to the frozen “S” Account, and as these frozen funds are valued at zero by JEMA, there will be no increase in the daily quoted NAV. So they are saying that the NAV will just stay at about 45p after any Lukoil sale. Is there any way to verify which view is correct? Do you know of any website or web links that show that the Lukoil sale proceeds can be repatriated by JEMA? And did you ever manage to reconcile the huge difference in dividends that JEMA have received so far in the “S” Account, with the dividends that should have been received? I think there was about £20 million in missing dividends or 50p per share. And do you know if the Gazprom have been converted yet to MOEX shares? |
Posted at 19/6/2023 19:24 by loganair Popit...1. JEMA say they have circa 40.8p per share dividends or pending dividends. What exchange rate are they using, is it the current exchange rate of 100 rub to the GBP. When I was calculating dividends at the end of last year I was calculating at an exchange rate of 80 rub to the GBP. If JEMA is using an exchange rate of 100, then my calculation at 80 = 50.4p per share. 2. Some Russian companies have been allowed to keep ADR/GDR, any dividends paid by these companies, these companies withhold until shares are converted into ordinary shares. JEMA currently holds 5.365mln Gazprom ADR = 13.6p per share at a RUB/GBP of 100 = £6.16mln. There are also some companies that have announce dividends, however have not reached the dividends payment date. JEMA's dividend explanation does not clear the matter up. |
Posted at 18/6/2023 22:22 by loganair Popit - Dividends from companies that JEMA hold as ADRs/GDRs will be held by said companies until converted by JEMA into ordinary shares, then JEMA can ask for these dividends to be paid into their 'S' account.JEMA are still holding 5 stocks in ADR/GDR and the ones they have converted into ordinary shares JEMA may not have asked these companies to pay dividends owing, instead to carry on holding them - this could equate to at least 30p per share or even more of dividends. Since I wrote to JP Morgan some circa 6p per share in dividends have been paid by Russian stocks JEMA hold. All-in-all = at least 52p per JEMA share. |
Posted at 18/6/2023 06:52 by loganair Popit...To clear up one little point, JEMA have a 'S' account which is a Custodian account and not a 'C' account.loganair - 06 May 2023 - 08:30:49 - 734 of 912 Two months ago I e-mailed the trusts secretary asking why there is a difference between what JEMA say they hold in their 'S' account and what I calculate the dividends to be. I gave them several company examples of my calculations of dividends paid..... I am a share holder of JEMA and have been keeping a close eye of dividends paid. I make it a total of circa 52p per share made up of 30.5p from Gazprom and 21.5p from the other stocks. On the JEMA web page under questions and answers the latest is £7.2m (15.9p per share) currently held in JEMA's frozen 'S' account. As can be seen there is quite a big difference. Therefore I would appreciate JP Morgan sending me a complete detailed break down by company and dividend paid per JEMA share for each of the Russian stocks that have paid a dividend. An example of how I have been calculating dividends paid or have I been calculating incorrectly:.... ...Then I put down several examples... This is the reply I've just received... "An up-to-date S Account balance, together with further details will be included in the Company's half year report and financial statements, which are expected to be released in mid-June 2023. The reasons for any differences identified in your estimates will be apparent from the information provided then." |
Posted at 17/6/2023 22:05 by popit loganairDid you find out yet why the dividends that JEMA have received so far in the C Account are only about 20p per share? The JEMA group on Telegram has calculated that JEMA should already have received about 70p per share in dividends. Why do you think there is such a big difference? I think the real NAV of JEMA is also nearer about £6. And where do you see the JEMA share price going over the next year or two? It has been quite weak recently. When the conflict is over I would expect Russia to remove the present restrictions on foreign investors. I think the Russian market could also soar by about 50% when the conflict ends and the rouble would also rise. The MOEX value of JEMA holdings in sterling could therefore increase by about 60%. And when JEMA annual dividends are restored at about 50p or more I would not be surprised to see the JEMA share price at over £10. |
Posted at 06/5/2023 08:30 by loganair Two months ago I e-mailed the trusts secretary asking why there is a difference between what JEMA say they hold in their 'S' account and what I calculate the dividends to be. I gave them several company examples of my calculations of dividends paid.....I am a share holder of JEMA and have been keeping a close eye of dividends paid. I make it a total of circa 52p per share made up of 30.5p from Gazprom and 21.5p from the other stocks. On the JEMA web page under questions and answers the latest is £7.2m (15.9p per share) currently held in JEMA's frozen 'S' account. As can be seen there is quite a big difference. Therefore I would appreciate JP Morgan sending me a complete detailed break down by company and dividend paid per JEMA share for each of the Russian stocks that have paid a dividend. An example of how I have been calculating dividends paid or have I been calculating incorrectly:.... ...Then I put down several examples... This is the reply I've just received... "An up-to-date S Account balance, together with further details will be included in the Company’s half year report and financial statements, which are expected to be released in mid-June 2023. The reasons for any differences identified in your estimates will be apparent from the information provided then." |
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